China's rare earths association throws support behind Beijing amid trade war with U.S.
- 5 years ago
中, '희토류 무기화' 선언…'기술자립' 화웨이는 인재 영입 박차
With the trade war between the United States and China intensifying by the day,... China's rare earths association has further raised the stakes, declaring it would fully support countermeasures announced by Beijing.
The association also accused Washington of "bullying" China.
Lee Seung-jae reports.
The Association of China Rare Earth Industry issued a statement this week after a special working meeting to discuss the "guidance" it was given by Chinese President Xi Jinping during his visit to a rare earth plant in May.
Calling the U.S. trade measures on China a form of "bullying",... the association vowed to support Chinese countermeasures in the escalating trade war.
Observers say China could use its dominance in the production of rare earths,... a group of 17 chemical elements used in consumer electronics and military equipment,... as powerful leverage in its trade war with the U.S.
Last week,... as President Trump announced he would impose further tariffs on another 300-billion dollars of Chinese goods from September 1st,... Trump again avoided China's rare earths as one of the goods subject to tariffs.
Beijing has yet to place any restrictions on its rare earth supplies to the U.S.
While the Chinese rare earth association rarely comments on the trade war,... and made no mention of export restrictions during their meeting,... it said all attendees agreed U.S. tariffs on Chinese goods were aimed at suppressing China's development.
Meanwhile, Huawei,.., which has found itself one of the biggest issues in the trade war due to the U.S. sanctions it's now subject to,... has declared its intention to spur talent recruitment for technology independence.
The Chinese tech giant is offering what it's calling "five times your normal wage, and a world class working environment",... as Huawei's new talent recruitment plan reflects its determination to stand up against Washington's sanctions.
In May,... the U.S. Commerce Department placed Huawei on a de-facto blacklist over national security concerns.
Lee Seung-jae, Arirang News.
With the trade war between the United States and China intensifying by the day,... China's rare earths association has further raised the stakes, declaring it would fully support countermeasures announced by Beijing.
The association also accused Washington of "bullying" China.
Lee Seung-jae reports.
The Association of China Rare Earth Industry issued a statement this week after a special working meeting to discuss the "guidance" it was given by Chinese President Xi Jinping during his visit to a rare earth plant in May.
Calling the U.S. trade measures on China a form of "bullying",... the association vowed to support Chinese countermeasures in the escalating trade war.
Observers say China could use its dominance in the production of rare earths,... a group of 17 chemical elements used in consumer electronics and military equipment,... as powerful leverage in its trade war with the U.S.
Last week,... as President Trump announced he would impose further tariffs on another 300-billion dollars of Chinese goods from September 1st,... Trump again avoided China's rare earths as one of the goods subject to tariffs.
Beijing has yet to place any restrictions on its rare earth supplies to the U.S.
While the Chinese rare earth association rarely comments on the trade war,... and made no mention of export restrictions during their meeting,... it said all attendees agreed U.S. tariffs on Chinese goods were aimed at suppressing China's development.
Meanwhile, Huawei,.., which has found itself one of the biggest issues in the trade war due to the U.S. sanctions it's now subject to,... has declared its intention to spur talent recruitment for technology independence.
The Chinese tech giant is offering what it's calling "five times your normal wage, and a world class working environment",... as Huawei's new talent recruitment plan reflects its determination to stand up against Washington's sanctions.
In May,... the U.S. Commerce Department placed Huawei on a de-facto blacklist over national security concerns.
Lee Seung-jae, Arirang News.